Tag: Crypto
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Ripple Co-Founder Chris Larsen’s $764M XRP Cash-Out Raises Price Concerns
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Ripple co-founder and former CEO Chris Larsen has continued to draw scrutiny from the crypto community after realizing more than $764 million in profits from XRP sales since 2018. Analysts warn that his recurring sell-offs near local highs could weigh on XRP’s price recovery as the token struggles to reclaim key technical levels. Chris Larsen’s…
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FalconX Acquires 21Shares, Expanding Its Reach Into Regulated Crypto Investment Products
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Crypto prime broker FalconX has acquired 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs), marking its third major acquisition of 2025. The move strengthens FalconX’s push into regulated digital asset markets and signals a growing convergence between traditional finance and crypto infrastructure. A Strategic Expansion for FalconX The acquisition comes as FalconX seeks…
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Robinhood Expands Tokenized Stock Offering on Arbitrum for EU Investors
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Robinhood is accelerating its tokenization efforts in Europe, bringing nearly 500 U.S. stock and ETF tokens to the Arbitrum blockchain. The expansion marks a major step in the company’s push into real-world asset (RWA) tokenization as it deepens its presence in the crypto ecosystem. Nearly 500 Tokenized Assets on Arbitrum According to data from Dune…
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Crypto Market Plunges as $230 Billion Wiped Out Amid Renewed Fear
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Investor confidence in the cryptocurrency market deteriorated sharply this week as over $230 billion in value vanished within 24 hours. A sudden downturn sent the Crypto Fear & Greed Index tumbling into “fear”, signalling heightened anxiety across digital asset markets and triggering widespread sell-offs. Market Sentiment Turns Bearish The Crypto Fear & Greed Index, which…
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France Intensifies Scrutiny of Binance as Regulatory Influence Battle Heats Up in Europe
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France is stepping up its oversight of major cryptocurrency exchanges, including Binance, as part of a broader push to assert greater regulatory influence within the European Union. The French banking authority, ACPR, has launched additional Anti-Money Laundering (AML) checks, signalling a tougher national stance at a time when the EU prepares to enforce the Markets…
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Babylon Labs Claims Breakthrough in Trustless Bitcoin Collateral for Ethereum
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Babylon Labs has unveiled a system that aims to enable native Bitcoin to be used as collateral on the Ethereum blockchain without the need for intermediaries. The development is being presented as a milestone in decentralised finance (DeFi), although questions remain about how truly trustless the model is. According to David Tse, co-founder of Babylon…
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LuBian-Linked Wallet Shifts $1.3B in Bitcoin After DOJ Forfeiture Case Disclosure
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A cryptocurrency wallet associated with the Chinese Bitcoin mining group LuBian has transferred nearly $1.3 billion worth of Bitcoin, shortly after the United States Department of Justice (DOJ) revealed a major forfeiture case involving $15 billion in alleged illicit funds. Major BTC Movement After Three-Year Silence On Wednesday, blockchain analytics firm Lookonchain reported that a…
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EU Finance Converges on Web3 at Merge Madrid: Tokenisation, Custody and Regulatory Alignment Take Centre Stage
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Merge Madrid showcased a pivotal moment in Europe’s financial evolution, as leading banks, crypto firms and regulators came together to discuss the integration of blockchain, digital assets and real-world tokenisation. Held from 7 to 9 October across the historic Palacio de Santoña and Palacio de Cibeles, the event reflected a clear shift in traditional finance’s…
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Elon Musk Hails Bitcoin as Energy-Based Shield Against Fiat Inflation
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Elon Musk has reignited discussion around Bitcoin, highlighting its unique energy-backed model as a safeguard against inflation caused by excessive fiat currency printing. In his latest comments, Musk aligned Bitcoin’s monetary framework with the growing concerns over global “debasement” linked to government funding for artificial intelligence (AI) development. Bitcoin vs Fiat: ‘Impossible to Fake Energy’…
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Crypto Markets Face ETF Outflows, Bhutan Shifts to Ethereum, California Targets AI Safety
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The crypto sector began the week with significant developments across financial markets, national infrastructure, and emerging technology regulations. Major US spot Bitcoin and Ether exchange-traded funds (ETFs) recorded substantial outflows following a steep weekend market crash, while Bhutan confirmed a major migration of its national digital ID system to Ethereum. Meanwhile, California introduced new safeguards…